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Reliance’s consumer brands arm says it’s on course for ₹20,000 crore topline in FY26 after logging about ₹15,000 crore in 9M, with Campa/Campa Energy, Independence and Good Life each crossing ₹1,000 crore on the back of wider reach and festive sell-through. Management signalled a sharper tilt to foods and beauty & personal care, building on the recent carve-out that placed the FMCG business directly under RIL as New RCPL, giving it a cleaner capital and governance structure.
The push comes alongside portfolio M&A (e.g., a majority stake in Udhaiyams Agro Foods to deepen staples/snacks) and continued network expansion, key after a Q3 where Retail profits were muted by the FMCG demerger timing and GST rate resets.
Net: Reliance is leaning on brand revivals (Campa), value staples (Independence/Good Life), and tuck-in deals to hit the FY26 mark, with the new structure intended to speed decisions and scale distribution.